2 Answers

0 votes

Having your own business is to be coached by a master–yourself! If you aren’t committed, you will fail. If you don’t listen to what your customers and the industry is telling you, you will fail. If you are arrogant, you will fail. If you don’t face facts–financial and otherwise–you will fail. If you are stingy and selfish, you will fail. If you don’t talk straight with your customers or your employees, you will fail. And if you can’t bounce back, you will fail.

• Don’t know how to start – Every time businessman doesn’t know how to start a business. There is no specific direction or guidance to the businessman, because of that he confuses how to start.
• Lack of expertise – After starting a business you don’t get all the experts for your business. Lack of expert work is somewhere going to suffer the loss in the business.
• Others opinion – Sometimes others opinion is negative. People come and criticize about your business. That time you don’t lose your hopes. Just stay on your decision as you are correct.
• No sufficient funding – You want to start a business but you don’t have a sufficient funding for business. Necessary capital is unavailable and this is also losing a hope.
• Not appealing – Sometimes your product or services are not appealing. Or sometimes your approach is also and not appealing. Customers don't attract towards your product or services.
• Handling and control – If there is no any control or you can’t handle your business, and then you can’t get success in your business. You have to control and handle everything in your business.